1. Liberal labor legislation
Both the employer and the employee can terminate their working relationship in compliance with the notice period. As long as the dismissal isn’t abusive, no special reason is required. This flexibility allows companies to adjust their workforce as needed and gives employees more freedom.
2. Amazing work culture
The Swiss are hardworking and proud of it. The relationship between employees and employers is most often good and strikes are practically non-existent.
3. Most competitive talent worldwide
The Global Talent Competitiveness Index (GTCI) measures and ranks countries’ ability to grow better talent, attract the talent they need and retain those workers who contribute to competitiveness, innovation and growth. The prosperous and stable economy of the country makes it a top choice for companies who are looking to expand to Europe, creating new jobs to fill. Skilled employees are very likely to find a good job. In the Basel Area, the talent pool is especially vast in the life sciences. Switzerland ranks #1 since 2013.
4. High productivity
Productivity in Switzerland is outstanding with the second highest GDP per capita and the tenth highest GDP in the world. Swiss workers add $69.26 per hour worked to the economy. The Basel Area’s life sciences industry has one of the most productive workforces globally (BAK p. 38).
5. 2nd highest purchasing power
Switzerland tops the list of the 20 countries with the highest salary. Even though the cost of living is higher than in most other countries, people in Switzerland still have the 2nd highest purchasing power per capita in Europe.